Why is working capital management important to company

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Reference no: EM131577436

This week we will discuss how companies manage working capital (current assets and current liabilities). The questions to be answered are the following:

1. Why is working capital management important to a company? Are there particular industries where managing working capital is more important?

2. Define the cash conversion cycle and explain the components of it.

Please provide a detailed response for each question and explain any relationships mentioned, if possible.

Reference no: EM131577436

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